TJX Options History — January 2024

In January 2024, TJX traded between $91.72 and $96.57. ATM implied volatility averaged 16.6%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.8% (HV 20d: 14.8%). Max pain ranged from $87.50 to $95.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.81.

Notable Days

  • 2024-01-26: Highest Volume — 18,817 contracts
  • 2024-01-29: Largest IV spike — 14.7% change
  • 2024-01-31: Highest IV Rank — 46.3%
  • 2024-01-31: Largest Expected Move — 5.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$94.50$91.72$96.57$93.07$94.88
Max Pain$91.76$87.50$95.00$87.50$95.00
ATM IV16.6%14.8%22.6%16.1%22.6%
Expected Move4.6%4.4%5.0%4.5%5.0%
HV 20d14.8%12.5%17.2%15.2%13.9%
HV 60d16.9%15.8%17.5%16.8%15.8%
IV Rank14.6%5.0%46.3%11.8%46.3%
IV Percentile25.9%8.7%63.5%21.4%63.5%
Term Structure1.3%-1.0%6.0%0.2%-0.7%
VWIV16.3%15.2%17.9%16.3%17.9%
Skew 25d2.2%1.4%3.1%1.9%2.9%
Skew 10d4.6%3.4%6.3%3.8%5.8%
Call IV 25d15.7%13.6%21.7%15.4%21.5%
Put IV 25d17.9%15.6%24.5%17.3%24.5%
Bid-Ask Spread %16.455.3562.3512.8262.35
Gamma HHI0.180.090.350.160.09
Net GEX23.7M15.4M35.7M25.2M15.8M
Net DEX-377.0M-575.8M-200.0M-406.4M-200.0M
Net VEX-2.7M-3.0M-2.5M-2.7M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.810.142.712.440.85
Total Volume8,245.6193,74618,8176,2134,085
Total OI207,089.048146,058244,071219,326180,162

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-01-02$93.07$87.5016.1%4.5%15.2%11.8%16.3%1.9%0.2%25.2M-406.4M-2.7M2.4412.82N/AN/A1,8084,405105,047114,279
2024-01-03$91.84$87.5016.3%4.4%15.9%12.8%15.7%2.0%0.0%15.9M-302.4M-2.7M0.509.31N/AN/A4,3882,185105,179117,742
2024-01-04$92.94$90.0016.4%4.9%16.0%13.5%17.0%1.7%0.1%22.7M-382.5M-2.8M0.5714.99N/AN/A2,3921,354107,902119,601
2024-01-05$91.72$90.0016.2%4.7%16.9%12.5%16.6%2.0%-0.1%15.7M-283.5M-2.8M0.8815.93N/AN/A2,2551,984108,708120,503
2024-01-08$92.78$90.0015.5%4.8%17.2%8.8%16.6%2.1%1.3%23.3M-371.2M-2.7M1.145.35N/AN/A2,5492,898107,645119,080
2024-01-09$93.09$90.0015.2%4.6%17.2%7.4%15.2%1.9%0.8%26.4M-394.9M-2.7M0.537.49N/AN/A3,1891,681108,801120,822
2024-01-10$94.15$90.0015.3%4.5%16.4%7.8%16.0%1.4%0.2%30.0M-474.7M-2.7M0.406.99N/AN/A3,8491,537110,405122,112
2024-01-11$95.03$92.5014.9%4.4%16.6%5.8%15.8%1.9%0.8%30.9M-529.3M-2.6M0.256.46N/AN/A6,7001,685110,772122,963
2024-01-12$95.07$92.5014.8%4.4%16.6%5.0%15.2%2.0%1.1%34.7M-539.2M-2.6M0.3324.89N/AN/A4,1581,389112,472123,649
2024-01-16$95.59$92.5016.4%4.7%14.8%13.6%15.8%2.6%-1.0%30.2M-573.8M-2.5M0.875.92N/AN/A4,6173,994111,513122,388
2024-01-17$94.41$92.5016.2%4.6%15.0%12.4%16.2%3.1%0.2%29.4M-486.7M-2.6M0.3716.11N/AN/A5,8562,150112,742125,519
2024-01-18$94.84$92.5016.1%4.6%14.9%12.3%16.6%3.0%-0.4%35.7M-518.2M-2.6M0.6415.58N/AN/A4,5792,914114,839126,391
2024-01-19$95.27$92.5015.9%4.6%14.1%10.9%15.9%2.5%-0.4%26.1M-575.8M-2.6M0.2717.41N/AN/A10,7392,920116,256127,815
2024-01-22$94.98$92.5015.8%4.6%13.5%10.7%16.6%2.6%6.0%15.4M-217.9M-2.6M0.9818.12N/AN/A4,2134,13674,97771,081
2024-01-23$95.16$92.5015.1%4.5%13.1%6.9%16.4%2.3%4.3%17.3M-227.8M-2.6M2.7120.82N/AN/A2,5636,94578,10874,063
2024-01-24$95.19$92.5015.4%4.6%13.1%8.3%16.5%2.4%4.8%17.3M-224.7M-2.7M0.4223.38N/AN/A12,2465,18079,00778,958
2024-01-25$95.53$92.5016.2%4.5%12.6%12.7%16.3%2.3%5.1%23.7M-269.0M-2.8M0.3521.35N/AN/A10,3893,65487,07682,640
2024-01-26$96.22$93.0017.2%4.6%12.8%18.0%15.9%2.6%5.7%17.2M-310.4M-2.9M0.1417.88N/AN/A16,4452,37288,15384,699
2024-01-29$96.22$94.0019.8%4.6%12.5%31.4%16.9%2.5%-0.7%21.7M-304.6M-2.8M1.0112.17N/AN/A3,0823,10891,92784,323
2024-01-30$96.57$95.0020.8%4.7%12.5%36.8%17.3%1.6%-0.8%22.0M-324.8M-2.9M1.3110.06N/AN/A2,8403,72592,84785,704
2024-01-31$94.88$95.0022.6%5.0%13.9%46.3%17.9%2.9%-0.7%15.8M-200.0M-3.0M0.8562.35N/AN/A2,2141,87193,56386,599